Industry: Power protection
Innovolt protects the electronic assets of businesses. The company’s platform combines patented power protection technology with software for monitoring and analytics.
Installed between the public power grid and sensitive equipment, Innovolt’s technology remediates power disturbances before they can cause damage and provides detailed diagnostics for future protection.
The platform helps companies increase the performance and productivity of their electronic assets, lengthening their lifespan and reducing costs.
The financial impact of downtime due to power disturbances ranges from $15,500 to $6.5 million per hour, according to Gartner research. Since 2006, Innovolt’s technology has proven to decrease costs associated with equipment downtime.
Note: Innovolt was acquired by East West Manufacturing in 2017.
Company website: Innovolt